Patch International Inc. Extends the Term of its CAD$500,000 Loan to Formation Fluid Management Inc.

CALGARY, ALBERTA--(Marketwired - Nov. 7, 2016) - Patch International Inc. ("Patch International" or the "Corporation") announces that it has extended the term of its CAD$500,000 loan (the "Loan") to Formation Fluid Management Inc. (DBA "Formation Fluid Technology") ("Formation Fluid"). The maturity date of the Loan, being evidenced by a promissory note issued by Formation Fluid to Patch International (the "Promissory Note"), has been extended to December 5, 2016.

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